Sunday, October 4, 2009

An American Takeover at Arsenal?

Not quite.....BUT American billionaire Stan Kroenke, real estate guru and husband of Wal-Mart heiress, Anne Walton, has announced that he will increase his stake in the club to 28.7% (just short of the 29.9% level, at which a takeover bid is required). Ostensibly, Kroenke's move is part of an effort to prevent controversial Uzbek businessman Alisher Usmanov from wrestling control of the Gunners away from the current board, headed by Danny Fiszman.


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